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Learning .How to Fail:Lean StartupJustin Pirie
@[email protected]
Copenhagen28th November 2011
pasukaru76
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on2wheelz
Entrepreneur: 10+ years
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tipiro
Cloud Services that Augment Microsoft Exchange
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dolescum
Email Archiving
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neilalderney123
Email Continuity
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matthewbradley
Email Security
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How the ProblemUsed to be Solved…
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minifig
What do Users Get?
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mescon
Unlimited Storage
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Ronan_C
Fast Search
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szeke
100% Uptime
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Approaching 1m users
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Learning .How to Fail:Lean Startup
pasukaru76
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What’s the Aim?
cliff1066™
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jeffc5000
Stop Failure
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I have won and lost
spaceyjessie
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sean dreilinger
A human problem…
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Paolo Camera
We want to change, learn
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sean dreilinger
Sometimes with help
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Ben McLeod
Often it hurts
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Education isn’t magic. Education is the wisdom wrung from failure.
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…people learn how to get it right by getting it wrong again and again.
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Who’s here today?
cheesy42
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Why do People do it?
quinn.anya
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Self Mastery?
pasukaru76
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Change the World?
rondostar
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Understand what motivates you
Ev0luti0nary
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kurichan*
Mitigate your reality distortion field
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Ronan_C
Where to Startups come from?
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Daniel Mohr
Founders ideas
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Gueorgui Tcherednitchenko
+ Experience
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Will Scullin
Becomes “the plan”
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jeffc5000
9/10 Startups Fail
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bcymet
58 ideas to 1 Success
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annethelibrarian
66% of Successful Changed Plans
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What did they
start as game!
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kurichan*
Don’t be fixed to your vision
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Capture Customer Value
Joe Shlabotnik
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jeffc5000
Why do Startups fail?
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Matthew Burpee
Lack of Customers
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If you build it, they will come
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Fallacy #1: Problem is known
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Fallacy #2: Solution is known
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wwarby
Result: Costs are Front Loaded
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andrusdevelopment
BOOM!
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army.arch
Lean Startup: NOT about having a better plan
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er1danus
It’s about finding a path to a plan THAT WORKS
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Joi
A Human institution designed to create a new product or service under conditions of extreme uncertainty
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paurian
Until now- it’s been intuition
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EOI Escuela de Organización Industrial
So people looked for “Experience”
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NASA's Marshall Space Flight Center
Lean Startup:Stress Testing Process
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Lean Startup is a rigorous process for iterating from Plan A to a Plan that works
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The Goal of a Startup is to Figure out the right thing to build
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niznoz
Ah Ha!An Idea = Hypotheses
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trochim
Lean Startup:Tests your Vision(read hypotheses)
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Nevada Tumbleweed
To give you FOCUSRight Actions, Right Time
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Annie Mole
Lean is a MIX of Techniques
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Californian Em
MiG 15- Technically superior
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Destinys Agent
F-86 beating MiGs
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andrusdevelopment
Why?
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Boyd: Maverick Pilot, Investigates
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Result: OODA Loop
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ckowalik
Mix in TPS- Lean Manufacturing
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SteveMcN
Harness the KnowledgeAnd Creativity of Workers
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RosieTulips
Use Smaller Batches
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Just in Time Production
William Toll
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Acceleration of Cycle Times
Вεη
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Lean Manufacturing = Removing Waste
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Lean thinking defines value as providing benefit to the customer- anything else is waste
Eric Ries
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The Lean Startup Loop
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David Wulff
Build
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Henry Ford: Engineer
Tom Raftery
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Terry Wha
Perfecting the Engine
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Before adding fuel
tnarik
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Too many plans look likeRocket Launches
NASA's Marshall Space Flight Center
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Focus on Learning
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Learning is measure
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andrusdevelopment
Number of Iterations Beats Quality
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sashamd
Find the most effective way tovalidate your hypothesis
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RaeA
Minimum Viable Product
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LostInInaka
If You’re Not Embarrassed:You’ve Waited Too Long
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toffehoff
In a Great Market: The Market Pulls the Product Out
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originallittlehellraiser
Before Launch: the 40% Test.Are <40% Very Disappointed?
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lovely fig rolls
Pivoting?
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Phillie Casablanca
Change of Direction:Based on Validated Learning
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http://startup-marketing.com
Startup Pyramid:Nail it before you Scale it
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Focus on Verifiable Hypothesis
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http://www.ashmaurya.com
Become Metrics Obsessed
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Or a metrics Pirate
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Or Become Politicians andSalespeople
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wwarby
Lean Startup is Not Cheap…
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jeffc5000
Lean is not about failing
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Warren D
It is Iterating FAST
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David Wulff
Build on Solid Foundations
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True Startup Productivity is Systematically figuring out the right things to build
Eric Ries
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Thanks!ReachOut andConnect
Justin [email protected] @mimecast.com
pasukaru76